Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2019

Insurance [Abstract]

Schedule of Major Categories of the Deferred Policy Acquisition Costs

Major categories of the Company’s deferred policy acquisition costs are summarized as follows:  

	December 31,
	2019		2018
	(in thousands)
Agents’ commissions	$	14,290	$	14,953
Premium taxes		2,960		3,161
Deferred underwriting expenses		1,798		1,620
Total deferred policy acquisition costs	$	19,048	$	19,734

Schedule of the Activity in the Deferred Policy Acquisition Costs

The following summarizes the activity in the deferred policy acquisition costs:

	Year Ended December 31,
	2019			2018			2017
	(in thousands)
Balance, beginning of year	$	19,734		$	20,251		$	19,300
Policy acquisition costs deferred		43,872			45,252			43,960
Amortization expense during the year		(44,558	)		(45,769	)		(43,009	)
Balance, end of year	$	19,048		$	19,734		$	20,251